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SMEs* that applied for external finance for the first time last year UK 2019

This statistic illustrates the share of respondents who applied for external finance for the first time in the last twelve months in the United Kingdom in 2019. It can be seen that the majority of individuals surveyed (75 percent) stated that they had sought external finance before this, whilst 23 percent of respondents stated that they had applied for external finance for the first time in the last twelve months.

Did your business apply for external finance for the first time in the last 12 months, or had you sought external finance before this?

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Source

Release date

June 2020

Region

United Kingdom

Survey time period

July 2019 to February 2020

Number of respondents

449 respondents

Method of interview

Telephone interview

Supplementary notes

* Weighted bases. Unweighted bases: n=1,688

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Statistics on "Business enterprises in the UK"

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